Global Human Resource (HR) Technology Market Size study & Forecast, by Type (Talent Management, Workforce Management, Recruitment, Payroll Management, Performance Management, Others) by Deployment (Cloud, On-premise), by Enterprise Size (SMEs, Large Enter

Global Human Resource (HR) Technology Market Size study & Forecast, by Type (Talent Management, Workforce Management, Recruitment, Payroll Management, Performance Management, Others) by Deployment (Cloud, On-premise), by Enterprise Size (SMEs, Large Enterprises), by End-User (BFSI, IT and Telecommunication, Government, Manufacturing, Retail, Healthcare, Others), and Regional Analysis, 2022-2029

Global Human Resource (HR) Technology Market is valued at approximately USD 22.90billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.5% over the forecast period 2022-2029. Human resource (HR) technology plays a very vital role in the human resource industry by improving almost every aspect of employment within the enterprise. Human resources technologies assist in talent sourcing, onboarding, talent management, payrolls, performance, and workforce management, and so on. The increasing integration of Robot Process Automation (RPA), the rising trend of digitalization, coupled with the growing working population and complicated data management methods are some key factors that are stipulating the market demand around the world.

The rising adoption of artificial intelligence and machine learning in human resource (HR) technology software facilitates organizations to optimize their recruitment process. For instance, in June 2021, Active Payroll announced that the company entered into a partnership agreement with Cornerstone OnDemand, Inc., which aims on incorporate Cornerstone’s comprehensive suite of these resource services. Likewise, in March 2022, HeyJobs declared that the company raised USD 47 million in funding with the objective of accelerating the integration of AI technology in talent acquisition solutions and strengthening its business across Germany. Thus, these factors are fueling the market demand in the anticipated years. Furthermore, rising technological advancements, as well as the increasing number of strategic initiatives by key market players are presenting various growth prospects to the market over the forecasting years. However, rising concern for threat to data privacy and some limitations are associated with data integration stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Human Resource (HR) Technology Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the rise in employment opportunities across the U.S. and Canada and the presence of leading market players. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as growing investment in technological developments, high employment in SMEs, as well as the increasing mobility of workforces in the regional market.

Major market players included in this report are:
SAP SE
Oracle Corporation
Automatic Data Processing (ADP), Inc.
Cornerstone OnDemand, Inc.
Ceridian HCM Holding Inc.
Workday, Inc.
Infor, Inc.
Cegid Group
Hi bob Inc.
The Access Group

Recent Developments in the Market:
 In March 2022, The Access Group announced the acquisition of FastTrack- a cloud-based recruitment platform, which helps in staffing enterprises to modernize and develop. This FastTrack’s integrated software helps in the management of billing, payroll, and maintenance of timesheets, which supports Access Recruitment’s suite of software.
 In November 2021, Oracle unveiled the introduction of its new platform for Oracle Fusion Cloud Human Capital Management (HCM) for presenting a better tailored, intuitive, and streamlined employee experience. This initiative helps the company to offer employees a one-stop-shop to navigate all areas of their jobs and complete challenging tasks.


Global Human Resource (HR) Technology Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Deployment, Enterprise Size, End-User, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:

By Type:
Talent Management
Workforce Management
Recruitment
Payroll Management
Performance Management
Others
By Deployment:
Cloud
On-premise
By Enterprise Size:
SMEs
Large Enterprises
By End-User:
BFSI
IT and Telecommunication
Government
Manufacturing
Retail
Healthcare
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World



Companies Mentioned

SAP SE
Oracle Corporation
Automatic Data Processing (ADP), Inc.
Cornerstone OnDemand, Inc.
Ceridian HCM Holding Inc.
Workday, Inc.
Infor, Inc.
Cegid Group
Hi bob Inc.
The Access Group

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.


Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Human Resource (HR) Technology Market, by Region, 2019-2029 (USD Billion)
1.2.2. Human Resource (HR) Technology Market, by Type, 2019-2029 (USD Billion)
1.2.3. Human Resource (HR) Technology Market, by Deployment, 2019-2029 (USD Billion)
1.2.4. Human Resource (HR) Technology Market, by Enterprise Size, 2019-2029 (USD Billion)
1.2.5. Human Resource (HR) Technology Market, by End-User, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Human Resource (HR) Technology Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Human Resource (HR) Technology Market Dynamics
3.1. Human Resource (HR) Technology Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Increasing integration of Robot Process Automation (RPA)
3.1.1.2. Rising adoption of artificial intelligence and machine learning
3.1.2. Market Challenges
3.1.2.1. Rising concern for threat to data privacy
3.1.2.2. Some limitations are associated with data integration
3.1.3. Market Opportunities
3.1.3.1. Rising technological advancements
3.1.3.2. Increasing number of strategic initiatives by key market players
Chapter 4. Global Human Resource (HR) Technology Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Human Resource (HR) Technology Market, by Type
6.1. Market Snapshot
6.2. Global Human Resource (HR) Technology Market by Type, Performance - Potential Analysis
6.3. Global Human Resource (HR) Technology Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Human Resource (HR) Technology Market, Sub Segment Analysis
6.4.1. Talent Management
6.4.2. Workforce Management
6.4.3. Recruitment
6.4.4. Payroll Management
6.4.5. Performance Management
6.4.6. Others
Chapter 7. Global Human Resource (HR) Technology Market, by Deployment
7.1. Market Snapshot
7.2. Global Human Resource (HR) Technology Market by Deployment, Performance - Potential Analysis
7.3. Global Human Resource (HR) Technology Market Estimates & Forecasts by Deployment 2019-2029 (USD Billion)
7.4. Human Resource (HR) Technology Market, Sub Segment Analysis
7.4.1. Cloud
7.4.2. On-premise
Chapter 8. Global Human Resource (HR) Technology Market, by Enterprise Size
8.1. Market Snapshot
8.2. Global Human Resource (HR) Technology Market by Enterprise Size, Performance - Potential Analysis
8.3. Global Human Resource (HR) Technology Market Estimates & Forecasts by Enterprise Size 2019-2029 (USD Billion)
8.4. Human Resource (HR) Technology Market, Sub Segment Analysis
8.4.1. SMEs
8.4.2. Large Enterprises
Chapter 9. Global Human Resource (HR) Technology Market, by End-User
9.1. Market Snapshot
9.2. Global Human Resource (HR) Technology Market by End-User, Performance - Potential Analysis
9.3. Global Human Resource (HR) Technology Market Estimates & Forecasts by End-User 2019-2029 (USD Billion)
9.4. Human Resource (HR) Technology Market, Sub Segment Analysis
9.4.1. BFSI
9.4.2. IT and Telecommunication
9.4.3. Government
9.4.4. Manufacturing
9.4.5. Retail
9.4.6. Healthcare
9.4.7. Others
Chapter 10. Global Human Resource (HR) Technology Market, Regional Analysis
10.1. Human Resource (HR) Technology Market, Regional Market Snapshot
10.2. North America Human Resource (HR) Technology Market
10.2.1. U.S. Human Resource (HR) Technology Market
10.2.1.1. Type breakdown estimates & forecasts, 2019-2029
10.2.1.2. Deployment breakdown estimates & forecasts, 2019-2029
10.2.1.3. Enterprise Size breakdown estimates & forecasts, 2019-2029
10.2.1.4. End-User breakdown estimates & forecasts, 2019-2029
10.2.2. Canada Human Resource (HR) Technology Market
10.3. Europe Human Resource (HR) Technology Market Snapshot
10.3.1. U.K. Human Resource (HR) Technology Market
10.3.2. Germany Human Resource (HR) Technology Market
10.3.3. France Human Resource (HR) Technology Market
10.3.4. Spain Human Resource (HR) Technology Market
10.3.5. Italy Human Resource (HR) Technology Market
10.3.6. Rest of Europe Human Resource (HR) Technology Market
10.4. Asia-Pacific Human Resource (HR) Technology Market Snapshot
10.4.1. China Human Resource (HR) Technology Market
10.4.2. India Human Resource (HR) Technology Market
10.4.3. Japan Human Resource (HR) Technology Market
10.4.4. Australia Human Resource (HR) Technology Market
10.4.5. South Korea Human Resource (HR) Technology Market
10.4.6. Rest of Asia Pacific Human Resource (HR) Technology Market
10.5. Latin America Human Resource (HR) Technology Market Snapshot
10.5.1. Brazil Human Resource (HR) Technology Market
10.5.2. Mexico Human Resource (HR) Technology Market
10.5.3. Rest of Latin America Human Resource (HR) Technology Market
10.6. Rest of The World Human Resource (HR) Technology Market
Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. SAP SE
11.2.1.1. Key Information
11.2.1.2. Overview
11.2.1.3. Financial (Subject to Data Availability)
11.2.1.4. Product Summary
11.2.1.5. Recent Developments
11.2.2. Oracle Corporation
11.2.3. Automatic Data Processing (ADP), Inc.
11.2.4. Cornerstone OnDemand, Inc.
11.2.5. Ceridian HCM Holding Inc.
11.2.6. Workday, Inc.
11.2.7. Infor, Inc.
11.2.8. Cegid Group
11.2.9. Hi bob Inc.
11.2.10. The Access Group
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption
List of Tables
TABLE 1. Global Human Resource (HR) Technology Market, report scope
TABLE 2. Global Human Resource (HR) Technology Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Human Resource (HR) Technology Market estimates & forecasts by Type 2019-2029 (USD Billion)
TABLE 4. Global Human Resource (HR) Technology Market estimates & forecasts by Deployment 2019-2029 (USD Billion)
TABLE 5. Global Human Resource (HR) Technology Market estimates & forecasts by Enterprise Size 2019-2029 (USD Billion)
TABLE 6. Global Human Resource (HR) Technology Market estimates & forecasts by End-User 2019-2029 (USD Billion)
TABLE 7. Global Human Resource (HR) Technology Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Human Resource (HR) Technology Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Human Resource (HR) Technology Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Human Resource (HR) Technology Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Human Resource (HR) Technology Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Human Resource (HR) Technology Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Human Resource (HR) Technology Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Human Resource (HR) Technology Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Human Resource (HR) Technology Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. Global Human Resource (HR) Technology Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Human Resource (HR) Technology Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 18. U.S. Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. U.S. Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Human Resource (HR) Technology Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 21. Canada Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. Canada Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Human Resource (HR) Technology Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 24. UK Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. UK Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Human Resource (HR) Technology Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 27. Germany Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. Germany Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Human Resource (HR) Technology Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 30. France Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. France Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Human Resource (HR) Technology Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 33. Italy Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Italy Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Human Resource (HR) Technology Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 36. Spain Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. Spain Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Human Resource (HR) Technology Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 39. RoE Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. RoE Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Human Resource (HR) Technology Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 42. China Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. China Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Human Resource (HR) Technology Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 45. India Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. India Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Human Resource (HR) Technology Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 48. Japan Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. Japan Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Human Resource (HR) Technology Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 51. South Korea Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. South Korea Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Human Resource (HR) Technology Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 54. Australia Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. Australia Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Human Resource (HR) Technology Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 57. RoAPAC Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. RoAPAC Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Human Resource (HR) Technology Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 60. Brazil Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Brazil Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Human Resource (HR) Technology Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 63. Mexico Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. Mexico Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Human Resource (HR) Technology Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 66. RoLA Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. RoLA Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Human Resource (HR) Technology Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 69. Row Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. Row Human Resource (HR) Technology Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Human Resource (HR) Technology Market
TABLE 72. List of primary sources, used in the study of global Human Resource (HR) Technology Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
FIG 1. Global Human Resource (HR) Technology Market, research methodology
FIG 2. Global Human Resource (HR) Technology Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Human Resource (HR) Technology Market, key trends 2021
FIG 5. Global Human Resource (HR) Technology Market, growth prospects 2022-2029
FIG 6. Global Human Resource (HR) Technology Market, porters 5 force model
FIG 7. Global Human Resource (HR) Technology Market, pest analysis
FIG 8. Global Human Resource (HR) Technology Market, value chain analysis
FIG 9. Global Human Resource (HR) Technology Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Human Resource (HR) Technology Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Human Resource (HR) Technology Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Human Resource (HR) Technology Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Human Resource (HR) Technology Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Human Resource (HR) Technology Market, regional snapshot 2019 & 2029
FIG 15. North America Human Resource (HR) Technology Market 2019 & 2029 (USD Billion)
FIG 16. Europe Human Resource (HR) Technology Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Human Resource (HR) Technology Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Human Resource (HR) Technology Market 2019 & 2029 (USD Billion)
FIG 19. Global Human Resource (HR) Technology Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

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